IMF Asks El Salvador to Purchase No More Bitcoin In Return for Upto $3.5B EFF

In the latest development, IMF and El Salvador have reached a preliminary agreement with $1.4 billion extended loan program, but with conditions. IMF maintains its no more Bitcoin stance and made it clear condition to access extended fund facility of upto …

PH to US: Deport our citizens to Manila, not El Salvador

WASHINGTON — The United States has a right to deport any Filipino illegal immigrants, but the Philippine government will “definitely not” allow them to be brought in El Salvador or any third country like war-torn Libya. Jose Manuel Romualdez, Philippine …

“Bridge of Spies” mostró a una nación gobernada por la ley, mientras que el caso de Abrego García revela una nación ...

Durante el apogeo de la Guerra Fría, Estados Unidos extendió sus protecciones constitucionales más sagradas a un hombre que había operado como agente enemigo. Rudolf Abel, el oficial de inteligencia soviético capturado en Nueva York y acusado de espionaje, …

Celebrating El Espino Graduates: Anna Stout provides an update on the relationship with Grand Junction Sister City

GRAND JUNCTION, Colo. (KKCO) - It’s graduation season in El Salvador. President of the Foundation of Cultural Exchange, Anna Stout, visited El Espino over Memorial Day weekend to celebrate with the recipients of the Foundation’s Scholarship program. “It …

El Salvador added eight additional BTC, violating IMF terms

El Salvador has purchased eight additional Bitcoins despite warnings from the IMF. The IMF recently restricted the nation from adding more crypto to its reserves as part of a loan deal. Arkham Intelligence revealed the country had reached nearly 6,200 BTC …

IMF says El Salvador to make ‘efforts’ to stop Bitcoin buys with $120M payments deal

The International Monetary Fund said it has reached an agreement with El Salvador to pay the country $120 million following an initial review of its $1.4 billion loan agreement struck last year. The IMF said on May 27 that as part of the deal, El Salvador …

El Salvador Defies IMF Again With Fresh Bitcoin Purchase Following Loan Review

In brief El Salvador added eight more Bitcoin to its reserve despite IMF warnings An IMF agreement struck on Tuesday included provisions to curb crypto holdings It also wants El Salvador to wind down its involvement in a state-run crypto wallet El Salvador …

IMF Says El Salvador Met Most Targets As Part Of $1.4 Billion Funding Program, But Wants To 'Ensure' Country's Bitcoin ...

The International Monetary Fund said Tuesday that it will “ensure” El Salvador does not increase its Bitcoin BTC/USD stockpile, which conflicts with the Central American nation’s state policy. What Happened: The IMF’s announcement came as part of its  …

IMF to limit El Salvador’s bitcoin expansion

El Salvador Continues Buying More Bitcoin, Defying IMF Loan Arrangement

The IMF agreed to release $120 million to El Salvador with the condition that its Bitcoin holdings must remain unchanged. The Salvadoran government continued to defy the financial institution’s warning as it recently disclosed buying 8 BTC to increase its …